Average Real Estate Brokers Salary in Worcester, MA
Yes, Worcester, MA is a highly lucrative market for Real Estate Brokerss. With an average annual salary of $106,100, professionals here earn significantly more than the national norm.
Executive Summary
- Average Salary: $106,100 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $133,340.
- Outlook: The current demand for Real Estate Brokerss is stable, with a local workforce of approximately 60 professionals. This role remains a specialized component of the broader Worcester, MA economy.
Salary Overview
The average Real Estate Brokers in Worcester, MA earns+15.6%above the national average.
$51
$2,040
$8,842
Real Estate Brokers Salary Trends (2020-2024)
Historical trend data for Real Estate Brokers in Worcester, MA is limited, but current market signals indicate a stable demand environment.
Real Estate Brokers Salary Distribution in Worcester, MA
The earning potential for Real Estate Brokerss in Worcester, MA varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $74,270, while highly experienced professionals can command wages upwards of $133,340.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $74,270 | $35.7 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $79,575 | $38.3 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $82,050 | $39.4 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $132,625 | $63.8 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $133,340 | $64.1 |
Detailed Real Estate Brokers Market Analysis
Relocation Context
Nominal Salary
$106,100
Gross Pay
Real Wage (Purchasing Power)
$106,100
Adjusted for COL (100)
In Worcester, MA, the Cost of Living Index is 100. This increases your effective purchasing power from $106,100 to $106,100.
Job Market Context
60
Total Jobs
0.176
Per 1K Jobs
0.55
Location Quotient
Worcester, MA has 0.55x the national average concentration of Real Estate Brokers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
60 people work as Real Estate Brokers in Worcester, MA.
Only 0.176 out of every 1,000 local jobs are Real Estate Brokers roles — this is a niche profession in the area.
Nearby Job Markets
Nearby Cities for Real Estate Brokers
| City | Salary | Dist. |
|---|---|---|
| Boston-Cambridge-Newton, MA-NH Real Estate Brokers Salary | $120,390↑ 13% | 37 mi |
| Springfield, MA Real Estate Brokers Salary | $132,250↑ 25% | 39 mi |
Comparing salaries near Worcester, MA
Hiring Real Estate Brokerss?
Frequently Asked Questions
How much does a Real Estate Brokers make in Worcester, MA?
The median annual salary for a Real Estate Brokers in Worcester, MA is $106,100. This typically ranges from $74,270 for entry-level positions to $133,340 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Worcester, MA is 15.6% higher than the national median of $91,770.
Is Worcester, MA a good place for Real Estate Brokerss?
Yes, Worcester, MA is financially attractive for Real Estate Brokerss. The average salary of $106,100 exceeds the national average. See distinct detailed breakdown below.
Is Worcester, MA a good place to live for Real Estate Brokers?
The Cost of Living Index in Worcester, MA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Worcester, MA?
Some top paying nearby cities include Boston-Cambridge-Newton, MA-NH ($120,390) and Springfield, MA.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 60 employees in the Worcester, MA area with a job density of 0.176 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Real Estate Brokers • Data source: BLS OEWS 2024 •Jobs in Worcester, MA